EaseMyTrip is trading at Rs. 10, and the company is profitable. Being a Profitable company stock price looks cheap to many new retail investors, but very few people know the reason behind this profitable penny stock. The main reason for being a penny stock is easemytrip bonus and split history.
EaseMyTrip IPO Details:
EaseMyTrip IPO hit the stock market from March 8, 2021, to March 10, 2021. The IPO issue price was set at Rs. 187 per share. The EaseMyTrip Listing date was March 19, 2021. The Company’s IPO got a Huge response with a 159.33X Subscription. Even with the Huge Subscription, the IPO was listed at Rs. 212 premium of 13% Gain on the listing day.
EaseMyTrip Bonus History:
- EaseMyTrip 1st Bonus was Announced on 12th Jan 2022, and the Ex-date was 28 Feb 2022. The Company announced a 1:1 Bonus issue.
- In the Same Year, 2022, The Company Announced another Bonus. The 2nd Bonus was Announced on 10th October 2022, and the Ex-date was 21 November 2022. The Company announced a 3:1 Bonus issue. Which is so huge because each 1 share easemytrip investors will get 3 Bonus Shares.
- Another EaseMyTrip Bonus Announcement came on 14 October 2024, and the Ex-date was 29 November 2024. The Company announced a 1:1 Bonus issue.
EaseMyTrip Split History:
Year 2022 was a major year for EaseMyTrip Because During that Year, EaseMyTrip gave 2 bonuses and 1 Split for the shareholders. On 21 November 2022, EasemyTrip Stock Split 2:1.
EaseMyTrip Stock Trading at almost Rs. 10 now, which is very low from the ipo price of Rs. 187, but if you count the stock bonus and split, then you know that IPO Investors still made huge even on the current price.
Promoter Stake Sale:
After giving bonuses and splits to the shareholders, EaseMyTrip Promoter started to reduce its stake in the company. During September 2022, EaseMyTrip Promoter held a 74.90% Stake in the Company, but now in April 2025, the Promoter holds a 47.30% Stake. That means Promoter sold 27.60% Stake in the Last 3 Years.
The promoter sold a huge stake in the company in the last 3 years, but that stake was picked up by retail investors, not any institutional investors. Retail Investors holding increased by 46.42% from 20.15%.
EaseMyTrip Core Business and Other Business exploration:
EaseMyTrip Core Business is an online travel tech platform. The Company provides various services like online flight booking, hotel booking, holiday package booking, Bus Booking, Train and Cab Booking, Etc.
There are so many companies operating in the Online Travel Booking Business. So, EaseMyTrip starts exploring a new business opportunity.
Recently, The Company announced Electric Vehicle manufacturing. The Company plans to invest around 200 Crores in electric bus manufacturing. The company also created a new subsidiary, “Easy Green Mobility”. The Company also received a Bus Contract from the Madhya Pradesh Government.
The Company has also done tons of Acquisitions and partnerships in different sectors of companies, including Healthcare, hospitality, education, as well as in the Aviation.
